PETAN Calls for Government Support as Key to FPSO Construction in Nigeria

PETAN Call for Government Support as Key to FPSO Construction in Nigeria

Bank Anthony Okoroafor, Chairman, Petroleum Technology Association of Nigeria (PETAN),  has called for Government support and strong political will as key to FPSO construction in Nigeria.

Speaking on an exclusive interview with our correspondent, Obineme Ndubuisi Micheal, he said that PETAN will continue speaking-up for Government to rise up and insist FPSO construction must be done in-country and also review Nigeria’s infrastructure map to addressing it squarely.

He said the most important factor is Government creating an enabling environment through its policies and there will be changes in the industry as it will also lead to job opportunities within the country.

He further explained that Nigeria has all chances to become West Africa FPSO Yard because the country have enough quay lengths & capacity, draft, heavy load platform, concrete yard for topsides and hull apportment laydown to handle FPSO construction.

He adds: “If the Nigerian Government can take a bold step by providing the necessary policies, there is no way we cannot insist that FPSO’s, Rigs , Vessels must be built in Nigeria. If we do not put our foot down, the companies will always give several reasons why we cannot. We must insist, then put favorable terms for companies to invest on the right infrastructure needed to achieve it”

“After 50 years of oil and gas in Nigeria, it is high time we raise the bar to retain greater value of the revenue in-country. Why? We have great fabrication yards, all modules can be built in country and integrated, all major key players in this market are actually in country, the average man-hours of work could be around 2,000,000 man hours.” says Mr. Okoroafor

According to Mr. Okoroafor, PETAN has also been helping Nigeria raise the local content bar very high, have many more indigenous companies having the requisite capacities to build FPSO’s, Vessels, Rigs in Nigeria. And, have Nigerian companies lead on major EPCI jobs.

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Obineme Ndubuisi Micheal, Editor, Content, Technical and Creative Writer covering the entire value chain of the Energy, Mining, Oil and Gas Industry. Oil and Gas Republic focused its publication in Renewable/Energy, Mining, Oil & Gas Industry.

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